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Creditcoin Review

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Average

Revainrating 3 out of 5  
Rating 
3.2
Crypto Projects, ERC20

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Description of Creditcoin

Creditcoin (CTC) is a cryptocurrency launched in 2019. Creditcoin has a current supply of 599,999,997 with 214,464,279 in circulation. The last known price of Creditcoin is 0.37623449 USD and is up 5.27 over the last 24 hours. It is currently trading on 21 active market(s) with $12,704,352.09 traded over the last 24 hours. More information can be found at https://creditcoin.org.

Reviews

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Type of review

Revainrating 3 out of 5

People have written a lot about this project.

Our goal is to integrate blockchain assets into a direct protocol, to create a blockchain credit market to bring the crypto ecosystem closer to the right currency. Creditcoin combines several blocks to create a reliable, open cryptocurrency credit market that allows collectors and lenders to keep in touch with each other. Operation-specific cryptography is used to perform operations and to support, develop and expand networks, and to encourage teams to be active. Most of the users spoke

Pros
  • Suitable for foreign users with banking documents issue.
  • It was chosen based on the completeness of the feature and the ease of configuration and modification.
Cons
  • There is no downside.

Revainrating 3 out of 5

Blockchain-based financial benefits.

You have to lend good cash. Blockchain explicitly links sources to the convention, with blockchain bringing the crypto environment among the credit market as better money. Creditcoin combines a number of blocks to create a secure, direct cryptocurrency credit market that allows mortgage drivers and banks to keep in touch with each other. There are a lot of people who can’t get approval for handlooms and other monetary administrations from the traditional financial framework. Thus, these people

Pros
  • It has a beautiful and attractive website.
  • Infinite Loan Investment System.
Cons
  • I didn’t find the bad side.

Revainrating 3 out of 5

Beautiful and Attractive website.

This project is said to be a decentralized marketing protocol allowing users to make smart production and content marketing companies on the network. The system allows users to earn tokens by providing rewards to it's users, aims to allow the unbanked to build credit by keeping their transaction The major use of using this project is to pay for the credit transaction users made on the blockchain. It was launched in april 2019 aiming to solve the problem by recording all credit transaction

Pros
  • A lendable platform
  • Safe and secure
  • Trustworthy and reliable
  • Transparency and user friendly
Cons
  • It has high value rate
  • No user friendly website.

Revainrating 4 out of 5

Blockchain-based financial benefits

Carrying out a bank benefit can generate certain papers and required documentation and with high interest rates, since for those with documentation problems it may be difficult to acquire a loan through a bank, therefore after the creation of Creditcoin it tries to carry out these services to this type of people. A platform that connects both the investors who are the ones who lend the money in the Creditcoin network in cryptocurrencies that in this case would be in Bitcoin and Ethereum, and…

Pros
  • Allows blockchain-based loan transactions.
  • Investors can lend any cryptocurrency that is supported by Creditcoin.
  • Its provision and fundraising system is established on the Creditcoin blockchain.
  • The rates that the platform has are really low when generating an order.
  • Ideal for foreign users with bank documentation problems.
Cons
  • Currently only supports Bitcoin and Ethereum as a loan medium.
  • It is not the only platform that has these services based on the blockchain.
  • The CTC currency with no utility outside the Creditcoin ecosystem.

Revainrating 3 out of 5

Borderless Credit Investment Network.

It has been built to support various investment scenarios and assists in decision making and transitioning of the relevant artifacts through their lifecycle. It is a decentralized credit network to facilitate efficient and secure transactions between investors and borrowers recipients and parties. A special cryptocurrency is used to assist in performing transactions and supporting, developing and expanding the network and encouraging teams to keep it active.

Pros
  • The network uses a special consensus algorithm to incentivize validators and prevent network abuse.
  • The network supports the booking of investment and borrowing orders in a credit market order book for which canceled or outdated orders are of little interest.
  • It was selected based on feature completeness and ease of configuration and modification.
Cons
  • Couldn't find any information about the team which is a concern to me.
  • The website does not mention anything about the roadmap or development process.